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12/12/2023

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Understanding The Benefits Of Decentralization - Part II

In this article, we will discuss why the adoption of blockchain technology is lower than expected and whether the described benefits are beneficial for ordinary people.

Understanding The Benefits Of Decentralization - Part II

In this article, we will discuss why the adoption of blockchain technology is lower than expected and whether the described benefits are beneficial for ordinary people. In the same order, we will go through all the benefits that we listed in the previous article. 

Self-custody And Peer-To-Peer Interaction The success of any blockchain depends on whether people learn to use self-custody wallets. Blockchain technology only makes sense if people don't rely on centralized custodial wallets. 

We'll explain why below. If people are not interested in self-custody, it can be interpreted as meaning that they are not interested in blockchain and therefore DeFi services. 

Unfortunately, people are afraid of the self- Read article: Understanding The Benefits Of Decentralization - Part II

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